Did Your Rep Help Cause the Financial Crisis? Something to Carry to the Voting Booth

Via WashingtonWatch.com, here’s a list of Texas representatives who voted for the Consolidated Appropriations Act of 2001, which “contained a provision preempting state regulation of financial derivatives under gambling or ‘bucket shop’ laws. The result less than a decade later was the out-of-control market for credit default swaps that has caused so much financial, and perhaps economic, chaos.”

TX-4 Hall, Ralph (R)
TX-8 Brady, Kevin (R)
TX-9 Lampson, Nicholas (D)
TX-10 Doggett, Lloyd (D)
TX-13 Thornberry, William (R)
TX-15 Hinojosa, Rubén (D)
TX-16 Reyes, Silvestre (D)
TX-18 Jackson-Lee, Sheila (D)
TX-20 Gonzalez, Charles (D)
TX-21 Smith, Lamar (R)
TX-28 Rodriguez, Ciro (D)
TX-29 Green, Raymond (D)
TX-30 Johnson, Eddie (D)

Vote accordingly.

Comments

  1. Frank says:

    On a related topic, I was angry as a hornet at pork added to the Federal Bailout package. (How many know, for example, that the Bailout package included legislation which will set the stage for carbon trading?) I checked to see if my Congressman and Senators had voted for it. Mixed results. One Senator justified her position, in part by pointing to a beneficial addition to the package. My point back was if it was beneficial let it stand on its own.
    I sent an open letter to all Senators and Representative of the US Congress to both local papers. The jist of it was that if you voted for this piece of pork, I am voting against you and I am inviting others to follow course. I told them that voters were tired of bills jammed packed with bit of legislation and pork spending which the politicians could use to win points with the electorate. Neither paper published it.
    I think we should keep throwing the bums out until they stop larding legislation and let each issue win or lose on its own merit.